Recovery in coal prices boosts Keaton’s outlook
29 November 2016
Johannesburg - The recovery of global coal prices bolstered Keaton Energy’s expectations of exports, Mandi Glad, the chief executive, said yesterday as the miner improved revenue in the half year to September.
Keaton Energy granted water-use license for Moabsvelden project
5 October 2016
Keaton Energy has been granted an integrated water-use licence by the Department of Water and Sanitation for its Moabsvelden coal project in Mpumalanga.
Keaton's chief has sleepless nights over BEE
19 September 2016
Johannesburg - Junior coal producer Keaton Energy chief executive Mandi Glad lies awake at night over Eskom’s empowerment targets, while the company has raised concerns that the empowerment targets in the draft mining charter pose a risk to its mining licence.
Keaton Energy: Long life
30 June 2016
For the second year in a row, Keaton Energy’s Vaalkrantz colliery dragged its profits down, so the decision to dispose of it should benefit future earnings.
Glad puts brave face on year of pain for Keaton
27 June 2016
KEATON Energy CEO, Mandi Glad, has tried to reassure investors that once-off impairments and liabilities, which threw Keaton Energy into a R297.3 million net loss in the year to March, have helped place the company in a better position to move forward.
Keaton reports R297m FY loss
27 June 2016
JOHANNESBURG (miningweekly.com) – South African coal miner Keaton Energy incurred a net loss of R297.3-million for the year ended March 31, compared with a net loss of R71.9-million the year before.
Coal miners say Eskom contract changes unworkable
20 June 2016
SOUTH African coal mining executives said proposals by Eskom aimed at ensuring the quality of coal it consumes would make it more difficult to practically supply the fuel to the utility’s power stations.
Keaton sells Leeuw Mining for R24.7m
17 February 2016
[miningmx.com] – KEATON Energy, the Johannesburg-listed coal junior, said it would sell Leeuw Mining to Bayete Energy Resources for R24.7m which will be settled through a royalty agreement.
Keaton Energy concludes KZN assets disposal
16 February 2016
Keaton Energy, the JSE-listed coal miner, has concluded the disposal of both Leeuw Mining and Exploration and Amalahle Exploration, collectively the KwaZulu Natal anthracite assets, with Bayete Energy Resources for a consideration of R24 715 000 and R250 000, respectively.